Catherine Shu, TechCrunch

Catherine Shu


Taiwan, Province of China

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Recent articles by Catherine:

Trump signs executive orders banning transactions with TikTok and WeChat –

President Donald Trump signed an executive order on Thursday banning transactions with ByteDance, the parent company of popular app TikTok . The White House also announced that he signed a similar order banning transactions with Tencent-owned WeChat, a messaging app that is ubiquitous in China, but has a much smaller presence than TikTok in the […] → Read More

Jakarta-based Wahyoo gets $5 million Series A to help small eateries digitize their operations –

While growing up, Peter Shearer watched his mother get up every day at 2AM or 3AM to prepare for her catering business. For many people who own small food businesses in Indonesia, “everything is handled on their own, so I really, really wanted to create a system so they can have better operations and get […] → Read More

Grab launches new consumer financial services, including micro-investments and loans –

Grab announced today that its financial unit, which previously focused mainly on services for entrepreneurs and small businesses, is launching a slew of consumer products, including micro-investments, loans, health insurance and a pay-later program. Based in Singapore, Grab began in 2012 as a ride-hailing company before expanding into on-demand deliveries and other services. In January […] → Read More

Pompeo says U.S. may take action against TikTok and other Chinese tech companies “shortly” –

Days after President Donald Trump announced he could use an executive order to ban TikTok from the United States, Secretary of State Michael Pompeo said the administration is “closing in on a solution and I think you’ll see the president’s announcement shortly.” In an interview on Fox News’ “Sunday Morning Futures” host Maria Bartiromo, Pompeo […] → Read More

Singapore-based Volopay wants to be the “Brex of Southeast Asia” –

Small- to medium-sized companies that do a lot of international business have to deal with two big headaches: high foreign exchange fees and corporate expense tracking. Volopay, a Singapore-based financial tech startup with offices in Bangalore, wants to help by integrating prepaid multi-currency corporate cards, expense tracking and accounting tools into one free-to-use platform. Volopay […] → Read More

Samsung’s second-quarter profit grew 23% year-over-year, thanks to strong chip demand –

Samsung Electronics sounded a cautiously optimistic note in its earnings report today. The company is continuing to deal with the fallout of the COVID-19 pandemic, but its memory business was fortified by demand for DRAM chips as data centers adapted to an increase in remote work and education. Second-quarter operating profit grew 26% from the […] → Read More

Taiwan-based TNL Media Group raises $8 million to build its publishing and data analytics businesses –

Since launching in 2013, Taipei-based TNL Media Group has grown from an independent news site to a media company with several online publishing verticals and a data analytics business. Now the company, formerly known as The News Lens, has raised $8 million from New York-based investment firm Palm Drive Capital, the lead investor in its […] → Read More

Read how Apple, Amazon, Facebook and Google plan to defend themselves to Congress –

With their big day before lawmakers just around the corner, previews of Google (well, Alphabet), Facebook, Amazon and Apple’s opening statements are now available on the House Judiciary Committee’s site. On Wednesday, the CEOs of each company will appear in an unusually executive-packed Congressional hearing focused on antitrust concerns over the business practices. While the […] → Read More

Hevo draws in $8 million Series A for its no-code data pipeline service –

According to data pipeline startup Hevo, many small- to medium-sized companies juggle more than 40 different applications to manage sales, marketing, finance, customer support and other operations. All of these applications are important sources of data that can be analyzed to improve a company’s performance. That data often remains separate, however, making it difficult for […] → Read More

Hong Kong-based EMQ raises $20 million for its cross-border financial settlement tech –

Cross-border financial transactions are a major headache for individuals and large companies alike, who often have to deal with long wait times and high fees in order to send money to recipients in other countries. EMQ, a Hong Kong-based startup that develops network infrastructure to make international payments faster, announced today that it has raised […] → Read More

Tiger Global-backed SirionLabs launches SirionAE to make contract management easier for SMEs –

Contracts contain a lot of easy-to-miss details, especially for companies that need to deal with high volumes of paperwork. At the same time, many lack access to software that makes the process easier by digitizing contracts. SirionLabs, the contract management software startup backed by Tiger Global, wants to help with a new product called SirionAE. […] → Read More

Singaporean startup Partipost gets $3.5 million to let anyone become an influencer –

Partipost, a Singapore-based marketing startup that lets anyone with a social media profile sign up for influencer campaigns, has raised $3.5 million in new funding. The round was led by SPH Ventures, the investment arm of publisher Singapore Press Holdings, with participation from Quest Ventures and other investors. The funding will be used to grow […] → Read More

Rakuten will not renew its contract with WeWork, says report –

Japanese e-commerce giant Rakuten has decided not to renew its contract with WeWork when it expires next month, according to a report in The Japan Times. Rakuten had leased about 700 desks in Tokyo, but is now planning to move employees from its fintech division into its own new offices. Both WeWork and Rakuten declined […] → Read More

Gojek appoints Amazon, Microsoft veteran as its new chief technology officer –

Indonesia-based ride-hailing company and “super app” Gojek said today that it has named a new chief technology officer. Severan Rault, who previously held leadership positions at Amazon and Microsoft, takes over the role from Ajey Gore, who announced last month he was leaving for personal reasons. In a statement, the company said Rault will oversee […] → Read More

Singapore-based marketing SaaS startup Insider gets $32 million to enter the US –

Insider, a Singapore-based startup that develops software to help clients make marketing decisions, plans to launch in the United States after raising a $32 million Series C. The round was led by Riverwood Capital, with participation from Sequoia India, Wamda and Endeavor Catalyst. Founded in 2012, the company says its SaaS for multichannel marketing and […] → Read More

eBay reportedly getting close to selling its classified-ads unit to Adevinta –

eBay is reportedly getting close to a deal to sell its classified-ads business to Adevinta, a Norwegian company that runs online marketplaces across Europe and Latin America. According to a Wall Street Journal report, if the negotiations are successful, a cash and stock deal could be announced as soon as Monday. The transaction is expected […] → Read More

Chinese electric vehicle startup Xpeng closes a $500 million Series C+ round –

Xpeng Motors, the Chinese electric vehicle startup, has raised about $500 million in Series C+ funding from investors including Aspex, Coatue, Hillhouse Capital and Sequoia Capital China. Based in Guangzhou, Xpeng’s other backers include a roster of top Chinese tech companies and investors, including Alibaba Group, Xiaomi, IDG Capital, Morningside Venture Capital, GGV Capital and […] → Read More

Federal court rules WhatsApp and Facebook’s malware exploit case against NSO Group can proceed –

A U.S. federal court judge ruled on Thursday that WhatsApp and parent company Facebook’s lawsuit against Israeli mobile surveillance software company NSO Group can go forward. Phyllis Hamilton, Chief Judge of the United Stated District Court of the Northern District of California, denied most of the arguments NSO Group made when it filed a motion […] → Read More

WeMo, one of Taiwan’s biggest scooter-sharing platforms, gears up for international expansion –

Scooters, a common sight on the streets of Taiwan, give commuters an alternative to cars in the country’s densely populated cities. But they also contribute to pollution and jam-packed parking spaces. Over the past few years, several companies haven taken on the challenge of creating more environmentally friendly alternatives to traditional gas scooters. Gogoro is […] → Read More

Sentry launches new performance monitoring software for Python and Javascript –

Sentry, the Accel-backed company that creates bug-monitoring software for app developers, announced its latest product today. Called Performance Monitoring, it is frontend performance monitoring software for Python and Javascript. The company, whose investors also include New Enterprise Associates, said the feature can reduce the amount of time spent fixing errors to a few minutes by […] → Read More